
514 Vera Cruz Dr Destin, FL 32541
Estimated payment $16,479/month
Highlights
- Boathouse
- Docks
- Home fronts a seawall
- Destin Elementary School Rated A-
- Beach
- Boat Lift
About This Home
Nestled in the highly desirable area of Holiday Isle. This exceptional waterfront beach home offers the perfect blend of coastal living and modern convenience. Situated just one block from the beach with Gulf views and directly on a deep-water canal, this home is truly a rare find. What sets this property apart is its unique features, including a fully covered and enclosed outdoor entertainment area with observation deck and two covered boat slips with lifts, and an impressive 90 feet of deep-water frontage. The home boasts two separate living areas (2nd Level - Main Level and 3rd Level Lockout) each with their own private entrances totaling six spacious bedrooms, six full bathrooms and two fully equipped kitchens, providing ample room for family & guests. The main floor is comprised of 4 spacious bedrooms and 4 baths, large living area, gourmet kitchen with breakfast bar and an office. The 3rd Level Lockout is comprised of 2 bedrooms with 2 full baths, living area, kitchen with breakfast bar. These two living areas can be utilized together or kept separate. Additionally, the lower level offers 2,500 square feet of unfinished space, perfect for storage, work area or customized to suit your needs. With its prime location, you're only eight houses away from the private beach access of Holiday Isle and a 15-minute boat ride to Crab Island or the Gulf of Mexico. Whether you're seeking a luxurious permanent residence or a lucrative investment property, this home delivers on all fronts. Embrace the best of waterfront living in this stunning Holiday Isle retreat. Short term rentals are allowed. Rental projections are $150,000 - $175,000. Ask me about Investment Loan Options!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,339
Year Built
- Built in 1972
Lot Details
- Lot Dimensions are 90x130
- Home fronts a seawall
- Home fronts a canal
- Interior Lot
- Level Lot
HOA Fees
- $33 Monthly HOA Fees
Parking
- 2 Car Garage
Property Views
- Gulf
- Canal
Home Design
- Beach House
- Brick Exterior Construction
- Dimensional Roof
- Cement Board or Planked
- Stucco
Interior Spaces
- 3,750 Sq Ft Home
- 3-Story Property
- Partially Furnished
- Ceiling Fan
- Recessed Lighting
- Living Room
- Unfinished Basement
Kitchen
- Double Oven
- Electric Oven or Range
- Cooktop
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- En-Suite Primary Bedroom
- Maid or Guest Quarters
- In-Law or Guest Suite
- 6 Full Bathrooms
- Shower Only in Primary Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Deeded access to the beach
- Bulkhead
- Boat Lift
- Boat Slip
- Boathouse
- Docks
- Balcony
- Covered Deck
- Outdoor Kitchen
- Rain Gutters
Location
- Flood Insurance May Be Required
Schools
- Destin Elementary And Middle School
- Destin High School
Utilities
- High Efficiency Air Conditioning
- Multiple cooling system units
- Multiple Water Heaters
- Community Sewer or Septic
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-24-2186-000F-0840
Community Details
Overview
- Association fees include accounting, ground keeping, land recreation, legal, management, master, security
- Holiday Isle Subdivision
Recreation
- Beach
- Fishing
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $14,339 | $2,556,236 | $838,530 | $1,717,706 |
2023 | $14,339 | $1,411,891 | $838,530 | $573,361 |
2022 | $12,398 | $1,145,440 | $604,999 | $540,441 |
2021 | $10,713 | $883,122 | $455,950 | $427,172 |
2020 | $9,574 | $765,163 | $395,752 | $369,411 |
2019 | $9,217 | $726,647 | $395,752 | $330,895 |
2018 | $8,626 | $671,770 | $0 | $0 |
2017 | $8,311 | $636,587 | $0 | $0 |
2016 | $7,668 | $601,586 | $0 | $0 |
2015 | $7,009 | $524,964 | $0 | $0 |
2014 | $6,486 | $479,573 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/11/2025 07/11/25 | Price Changed | $2,799,000 | -5.1% | $746 / Sq Ft |
03/20/2025 03/20/25 | Price Changed | $2,950,000 | -9.2% | $787 / Sq Ft |
12/16/2024 12/16/24 | For Sale | $3,250,000 | +8.3% | $867 / Sq Ft |
06/28/2023 06/28/23 | Off Market | $3,000,000 | -- | -- |
03/29/2023 03/29/23 | Sold | $3,000,000 | +0.2% | $800 / Sq Ft |
03/10/2023 03/10/23 | Pending | -- | -- | -- |
10/18/2022 10/18/22 | Price Changed | $2,995,000 | +900.0% | $799 / Sq Ft |
10/18/2022 10/18/22 | Price Changed | $299,500 | -92.0% | $80 / Sq Ft |
10/18/2022 10/18/22 | For Sale | $3,750,000 | 0.0% | $1,000 / Sq Ft |
08/31/2022 08/31/22 | Off Market | $3,750,000 | -- | -- |
06/02/2022 06/02/22 | For Sale | $3,750,000 | -- | $1,000 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | Attorney | |
Interfamily Deed Transfer | -- | None Available | |
Warranty Deed | $243,500 | None Available | |
Quit Claim Deed | -- | Advance Title Inc |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $500,000 | New Conventional | |
Previous Owner | $265,000 | Stand Alone First |
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Source: Emerald Coast Association of REALTORS®
MLS Number: 964803

APN: 00-2S-24-2186-000F-0840
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